ok this may have been posted already so sorryhttp://www.skysports.com/story/0,19528,11688_4373504,00.html
Zabeel Investments have pulled out of a deal to buy Charlton, the club have confirmed.
The Dubai-based investors, who had also been linked with a takeover of Newcastle, made an indicative offer for the club earlier this month.
However, after giving the deal some thought Zabeel Investments have decided to withdraw their interest.
A Charlton statement said: "Zabeel Investments has informed Charlton that the decision not to proceed was taken on the basis that its focus moving forward will be on domestic opportunities in Dubai that complement the current Zabeel Investments portfolio.
"This combined with the current debate around foreign ownership of football clubs and the worsening economic climate in the UK contributed to the decision of Zabeel Investments to pull out."
The Dubai-based investors also denied reports that they had switched their attentions elsewhere with reports linking them with a move to Everton and West Ham.
The statement continued: "Zabeel Investments has made it clear to Charlton that this decision was not made as a result of any discoveries during the due diligence process.
"Contrary to recent press reports, Zabeel Investments has confirmed to Charlton that it has not approached any other club since it made an indicative offer for Charlton Athletic on October 10, nor has it authorised any approach on its behalf.
"In addition, Zabeel Investments has confirmed it has no current intention to acquire any English football club for the foreseeable future."
The news is a blow for Charlton as they were hoping new investment would help the club's bid to regain promotion to the Premier League.